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employee effort is the amount of discretion offered at work; (b) pay incentives and ‘gift exchanges’ are the most important … motivators; (c) the use of monitoring and Taylor-type assembly lines are the least effective incentives; and (d) the optimal …
Persistent link: https://www.econbiz.de/10005621344
We investigate the costs and benefits of managerial interventions with a team in which workers care to different degrees about output. We show that if there are complementarities in production and if the team manager has some information about team members, interventions by the manager may have...
Persistent link: https://www.econbiz.de/10010573052
Persistent link: https://www.econbiz.de/10010712477
incentives is also revealed. The results suggest that the primary determinant of employee effort is job discretion, though …
Persistent link: https://www.econbiz.de/10011051377
We investigate the relationship between tournament prices and effort choices in the presence of favoritism. High tournament prizes can decrease agents’ effort supply when the choice of the winner is not perfectly objective but affected to some extent by personal preferences of an evaluator.
Persistent link: https://www.econbiz.de/10011041567
conflicting incentives to free-ride across and within subteams. Moreover, the relative size of subteams can be a powerful means to … deliver incentives when funds for performance rewards are limited. Using data for one of the incentive schemes piloted in the …
Persistent link: https://www.econbiz.de/10010559804
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both … the provision of incentives and their sorting effect. …
Persistent link: https://www.econbiz.de/10005112731
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both … the provision of incentives and their sorting effect. …
Persistent link: https://www.econbiz.de/10005763609
Privatization was one of the significant public policy adopted by many countries in the last two decades. Previous and recent studies on its efficacy have focused mostly on the gains at the firm and industry levels. Differing from that approach, this paper attempts to reconsider impacts of the...
Persistent link: https://www.econbiz.de/10005650488
innovation. In other words, competitiveness is a necessary but not sufficient condition for continued prosperity. Hence, the need … income inequality by 2030. However, the potential reduction can be fully accounted for by the projected convergence in …
Persistent link: https://www.econbiz.de/10011107392